Prism Cement net surges
Prism Cement reported a 114 per cent increase in net profits to Rs 24.39 crore for the quarter ended March 2006 compared with Rs 11.35 crore recorded in the corresponding period...
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Siam Cement 1Q net down
Siam Cement PCL said Wednesday its net profit in the first quarter dropped slightly on year, as lower taxes were offset by weak operating results. In the January-March quarter, ...
UltraTech net figures show excellent returns
Ultratech Cement has reported net sales of Rs 1022 crore for the quarter ended 31 March, ’06 as against Rs 698 crore for the corresponding quarter in the previous year. T...
Holcim Expects Asia-Pacific sales to rise in 2007
Holcim expects its sales growth in the Asia-Pacific region to climb to around 25 per cent in 2007 from an estimated rate of 13 per c
IFC supports Mauritania’s concrete company
Washington-based International Finance Corporation, has signed a loan for US$10.8m to BSA Ciment SA, a Mauritanian compa
Indian cement for Pakistan
The Pakistan Government will provide a freight subsidy to imported cement, including from India. The amount of subsidy will be about Rs (Pakistani) 60 per 40 kg bag.
KHD Humboldt Wedag announces agreement
KHD Humboldt Wedag International Ltd. ("KHD") announces that it has entered into an arrangement agreement (the "Arrangement")
Baticim submits bid for Limas port operator
Baticim Bati Anadolı Cimento, a cement company, announced that it submitted its bid regarding Limas, which runs a port in Iz
JA to receive Cuban cement this weekend
The Jamaican government has announced that the first of three shipments of cement from Cuba will arrive this weekend.
Lafarge Shui On Cement sets up Guizhou business unit
Lafarge Shui On Cement, a joint venture between the world-leading cement producer Lafarge and Shui On Construction
UltraTech board approves capital expansion
UltraTech Cement Ltd. said on Monday its board had approved additional capital expenditure of 4.9 billion rupees for productivity i
Holcim open offer fails to excite investors
Holcim’s open offer to Gujarat Ambuja Cements Ltd (GACL) shareholders to pick up an additional 20 per cent stake in the company, may have elicited lukewarm response, peopl...
Eagle Materials declares Quarterly dividend
The Board of Directors of Eagle Materials Inc. has declared a quarterly cash dividend of US$0.175 per share, payable on July 20, 200
CRH would prefer increased Uniland stake
Irish building materials maker CRH PLC (CRH) is interested in increasing its stake in Spanish cement producer Uniland should
Mexico’s Cemex to sell Indo stake
Cemex SA has reached a deal to sell its 25.53 per cent stake in Indonesia’s largest cement maker, Semen Gresik, to the
Chinese cement producers warned about foreign competition
A Chinese official warned here on Monday that the nation’s cement producers would face tough competition from foreign counterparts if they do not step up mergers and acqui...
Citigroup To lend Lafarge $30m to rebuild Aceh
Citigroup Inc has lent US$30m to Lafarge to refinance the reconstruction of PT Semen Andalas Indonesia’s cement plant in
Sinoma signs Taiwan Cement contract
China’s Sinoma International Engineering said it has signed a series of deals to build cement facilities for Taiwan Cement Corp,
Midroc Ethiopia has announced cement factory plans
Signing the project’s memorandum of understanding (MoU) with Chief of the Oromia State Abba Dulla Gemeda yesterday
National cement consumption rate declines
Indonesian cement consumption rate in the first quarter of 2006 reached 6,967,900t, down by 3.3 per cent from 7,208,335t
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